New Tool: State Asset Development Report Card

Posted by on October 25, 2002

Last week, the Corporation for Enterprise Development (CFED) released a new tool designed to measure state performance in asset building and to initiate a broader dialogue at the state level about anti-poverty strategies based on the concept of wealth accumulation. The State Asset Development Report Card is a benchmarking tool that considers 68 socioeconomic and policy measures–including wealth data never before available at the state level–to compare states on how assets are accumulated, distributed, and protected among their citizens, particularly among those often left out of the economic mainstream. The comprehensive report groups the measures under two main indices-Asset Outcomes and Asset Policies-in which each state is graded. Taken together, the measures assess each state’s performance as well as its polices in support of asset building.

For more information, go to http://sadrc.cfed.org.